JMP Securities analyst Aaron Hecht maintained a Buy rating on Lennar on Friday, setting a price target of $130, which is approximately 14.95% above the present share price of $113.09.
Hecht expects Lennar to post earnings per share (EPS) of $4.52 for the fourth quarter of 2021.
The current consensus among 12 TipRanks analysts is for a Strong Buy rating of shares in Lennar, with an average price target of $125.83.
The analysts price targets range from a high of $166 to a low of $102.
In its latest earnings report, released on 08/31/2021, the company reported a quarterly revenue of $6.94 billion and a net profit of $1.34 billion. The company's market cap is $33.57 billion.
According to TipRanks.com, JMP Securities analyst Aaron Hecht is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 14.5% and a 78.07% success rate.
Incorporated in 1954, Florida-based Lennar Corp (NYSE:LEN). is a homebuilder company, which provides real estate related financial and investment management services. It operates through the following segments: Homebuilding East, Homebuilding Central, Homebuilding Texas, Homebuilding West, Financial Services, Multifamily, and Lennar Other.